Searches And Hires
The plan has concluded a private credit manager search that began last summer.
The plan is seeking record keeping, communication and investment services.
The fund has reissued its RFP seeking an investment advisor or fiduciary manager for its program encouraging investment in state-based private equity funds, venture capital, growth funds and direct investments.
The board has issued an RFP seeking an investment consultant for its investments spread across six pools due to the impending contract expiration of its incumbent provider.
The termination stems from asset outflows and underperformance.
The retirement fund intends to allocate at least $200 million to open-ended, diversified core and core-plus infrastructure equity funds.
The foundation recently invested in a climate-focused public equity strategy as it looks to achieve net-zero carbon emissions in its portfolio by 2030.
The city previously rehired Meeder Public Funds to provide the services in 2022.
The retirement fund received three proposals in response to an RFP issued in May 2024.
The retirement fund intends to allocate at least $200 million to open-ended, diversified core and core-plus infrastructure equity funds.